keeps it from earning a decent return for doing nothing at the moment as you used to be able the ofor so long. i have said that the cash itself has gone from being a positive at a time when so many companies have stretched balance sheets to a negative as it generates a small return. i have suggested they put some of the cash to work, buying the growth that many feels like has been lost. perhaps buying twitter to be more moving aggressively into the social media. or netflix. or even somewhat fa she newsly itunes. all that said i never thought in a million years that somehow apple's become a bad actor. because of its conservative ways of handling its bank hoard. i have simply thought that it should be more creative at figuring out how to put it to use. never sue for them that. see -- ilorne said it reminds me of his depression era grandmother. he wants a annual 4% cash dividend. which he says could boost the faltering stock. at least by of late, several hundred dollars a share he thinks he can move it. let me say this. i run a charitable trust that as this a stock in apple and i'm

working on a farm joins us to share his story. and what it was south florida university a private prison corporation and football have in common i handed involves money and naming rights we'll look into that connection coming up. it's wednesday february twentieth eight pm here in washington d.c. i'm liz wall and you're watching our t.v. we begin today with a look at why environmentalists are outraged over president obama's recent golf trip as thousands tens of thousands of americans descended upon washington d.c. to protest the keystone x.l. pipeline we find out days later president obama was the gulf thing at a florida resort with tiger woods a big oil big wigs among its gulf buddies jim crane and milton carroll both prominent figures in the texas oil industry crane happens to own the excrete exclusive yacht and golf club where they were playing he was also a big donor to the obama campaign carroll is the chairman of houston based center point energy both mad are directors of western gas holding one of the largest oil and gas companies in the world so what does this imply about a

but our dr. jon lapook brought us what he says is the most definitive study yet that the so-called mediterranean diet-- including olive oil and nuts wine and fish can prevent the leading cause of death in america: heart disease. and it does it much better than the low-fat diet can. jon has more on why we should pay attention to this study and what it found. >> reporter: today's study compared the mediterranean diet to a low-fat diet among nearly 7,500 patients at high risk for heart disease. after five years those on the mediterranean diet had 30% fewer heart attacks strokes or deaths from heart disease. dr. tara narula is a preventative cardiologist at lenox hill hospital. >> the study is significant because diet is one of the most underestimated and easy way to change your cardiovascular risk profile. >> reporter: the mediterranean diet includes extra virgin olive oil, nuts fresh fruit vegetables beans fish and poultry instead of red or processed meat. it allows for seven or more glasses of wine a weak. the low fat diet also encourages fruit and vegetables but discourages all veg

thanks for being up with us this tuesday. we have a lot to talk about including a snub by c-pac. governor chris christie's invitation seems to be lost in the mail. why a 2016 contender won't be speaking out. the market drops 200 points after fears of gridlock in europe's third largest economy. we'll get a live report from london. first, a stand off from washington. $85 billion in spending cuts on friday. sound familiar? president obama and republicans have plenty to say. still just not saying it to each other. despite this so-called crisis, the two sides haven't spoken directly this week and have yet to meet face-to-face this calendar year. they plan to push the plans. john boehner rules autothe possibility of new taxes. >> i stand by those commitments to make the reforms for smart spending cuts. but we also need republicans to adopt the same approach to tax reform that speaker boehner championed two months ago. >> the president says we have to have another tax increase to avoid the sequester. well, mr. president, you got your tax increase. it's time to cut spending here in wash

. liz: search is gaining traction. aol ceo talking to us about the developments and the future. plus housing in recovery. new orders, prices even permits are heading in the right direction. can it last? homebuilder hovnanian stock building to higher heights. the ceo is talking to us about the real story of real estate. and a monster storm barrelling across the northeast could mean monster sales for publicly traded snowplow name douglas dynamic, when major snow and blizzard conditions heat up the stock, we have the ceo in a fox business exclusive. countdown begins right now. liz: happy friday everybody. i'm liz claman. countdown to the closing bell just one hour left of trading for the week. in the middle of a northeastern storm, got a little sunshine down on stocks, percolating higher at their best levels in more than five years. volume is a little bit light here. nonetheless, let's take a look. we do have the dow moving up today. right now up 40 points. the nasdaq better by 27. the s&p 500 up 7 and 2/3 points. both the nasdaq and s&p on track for six consecutive weeks of gains. will

industrial revolution that the common money that we used today as a dollar or a euro that all the same type of money was the first time that it was possible to make money from money before then you either had to get as a spoiler war you had when heritage had to marry into it it was now possible to make money out of money and this fuel to be industrial revolution which was something fantastic making money out of money are you talking about just capitalism or no water yes broad around capitalism as we know it today and it was very efficient and its efficiency as you were pointing out you know it made the possibility of exchanges much more efficient but the unfortunate thing and this is what bernard has been alluded to at the opening of our conversation is that it has become brittle the system has so become so in totally brittle because it's come hyper efficient among other other aspects to its design so we're saying you know we need another the other types of money to give us a monetary toolkit. and bernard to what extent does. i mean there's lots of currencies around the world but they'

you have a right to be stupid if you want to be. >> all that -- >> here's the guy so many of us have wanted to be when things don't go right at the airport. this all happened in china. he actually is a high-level government official. >> living la vida loca. [ cheers ] >> and all that matters -- >> the horse meat scandal has snared furniture giant ikea. ikea says the meatballs in the states are safe. >> makes you want to stop taking your family to dinner at a furniture store. >> on "cbs this morning." >> mrs. obama give it to the most american movie, "zero dark thirty," wouldn't want to honor the movie that showed the killing of osama bin laden. her husband wants all the credit killing of osama bin laden. her husband wants all the credit for that. captioning funded by cbs >>> welcome to "cbs this morning." for the second time in a week, a giant winter storm is hammering the country. it's marching across missouri on its way to the east coast. it's already shutting down highways, airports, and schools in texas, oklahoma, and kansas. >> now the storm is blamed for at least two death

conducting a drill using f-16 fighter jets. the pilots are preparing for possible aerial combat and air raids on north korea. south korean navy commanders say they are holding ameritime mobility exercise involving 20 naval ships. army officers say they are also planning to conduct a shelling drill this week. defense officials in seoul have somehowed off a key part of their military's fire power. they released video of the newly-deployed cruise missile. the 50-second clip shows the weapons hit targets after being fired from a destroyer and a submarine. >> translator: the military is releasing the footage to ease public anxiety by showing south korea is fully equipped to deal with the north korea's nuclear missile threats. >> reporter: the general said the missiles could hit targets in north korea, even small ones. the weapons could strike the country quickly if launched by submarines near the coast. while the military stays on alert, members of the national assembly are showing political resolve. they adopted a resolution strongly condemning north korea's nuclear test. they called the ac

. >> reporter: which brings us back to where we started. big solutions can be expensive. and that's not popular and may not even be possible given our deficits. darren gersh, "n.b.r.," washington. >> tom: it's a street fight, wall street style, over nutritional supplement company herbalife. two of wall street's best known hedge fund managers are on very public, but opposite sides of the trade. the war of words has meant some big swings recently in herbalife shares. ruben ramirez reports on a battle that's being played out in what's typically a very secretive industry. >> reporter: hedge funds typically take big positions in companies and are very careful not to disclose what they're buying or selling. but the battle between hedge fund giants carl icahn, who now owns 13% of herbalife's shares and bill ackman who has a billion dollar short or bet that herbalife shares will fall is taking a nasty turn. >> a number of other hedge fund managers have gone public with shorts especially when they claim that something wrong is going on at a company. what's different in this case is that icahn al

bottoming in the capex spend there. >>> jeremy zarin is with wealth management at ubs, joins us new live. nice to see you. welcome to the show. >> thanks for having me back. >> you've been listening to the conversation. let's take tech. that seems to be the developing story of the day. how do we take the next leg higher you think we will if technology doesn't participate. >> i think it is a great point. the tech sector is likely to participate in the next leg higher. we're overweight the tech sector. it is really apple and the big megacap names dragging down the index. they have participated in the rally. on a market cap weighted basis, tech is the worst this year. if you look at an equal weighted basis, tech has been the top performing sector. technology trends are improving. you're seeing a pickup in spending for business spending on equipment and software. you are seeing that the broad and medium company, guidance has been fairly solid. it is the megacap names that have been hindering the overall performance. i think that going forward is -- are the megacap names going to reverse

for being with us again. great to see you. the carbon tax, good or bad idea >> this is something that is going absolutely nowhere. if what is proposed is something that is going to increase the cost to the consumers, this is just not going to happen. and when you think about the proposal that has been before the cut across, the captain trade proposal, it does not even take out the democratic lead said. it did not want to touch that. and of the to going to want to touch a carbon tax either. this is something that is just going to increase the cost to the consumer at a time that nobody is looking to increase their energy costs. we should not be looking to increase it. we should be making our energy more affordable. gerri: let me give you some numbers here. the heritage foundation as part of some pretty high-popping numbers on the cost of the carbon tax, above and beyond the tax itself. it would result in a loss of a million jobs. it would raise a family of four energy bill by 500 bucks per year. gas prices would rise by $0.50 per gallon. we're talking about massive economic impact. and

with this scheme that many companies use to avoid paying taxes and these are big companies we're talking about including google and you know a number of others. what then amazon of course and starbucks and so on these are big names but there are plenty of companies i don't why i refer to any company in particular because there are thousands we created the set of rules that are being used legally by these companies to avoid paying taxes ok now we have had a big war against tax havens a bit excessive bank secrecy about the secret counts by people not divulging the names those are to hide away from the taxpayers so that was in a way an easier war because we were fighting evil guy lity ok right no we are trying to combat a legal practice but that is giving absolutely the wrong results why because we wanted to avoid double taxation now we have created double nontoxic. and what is happening is that the balance between the multinationals and the states in terms of the states the governments receiving. a certain amount of resources that they need to discharge their duties towards the mos

done. but at the same time there is a civilian who used to teach history at west point is written in study after getting the courage at the enterprise institute. they would get the study into the white house directly to president bush, to the pentagon to the secretary of defense to some of the support and it's an eyebrow so that basically by the time petraeus becomes the top commander, everything is all lined up. it's lined up so that he can go in and impose the strategy that he wants to impose in the united states government this isn't a coincidence. it's been very exquisitely coordinated. >> you can watch this and other programs online at book tv. >> up next on book tv, samuel argues if our elected leaders do not find the courage to reform the economy and government spending soon, the u.s. could find itself in the same terrible economic situation as many european countries do today. this is just over an hour. >> coming to speak at the heritage foundation today it is a great privilege to be here. i've always been a great admirer of heritage and the council in many cases the frien

about operas, books, and publishing by letting us on facebook at facebook.com/booktv or folacin twitter. up next, samuel graveyard use of our elected leaders of find the courage to reform the economy and government spending soon the u.s. could find itself in the same terrible economic situation as many european countries to. this is just over an hour. [applause] >> thank you for your introduction. it's a great privilege to be here. inviting the it council, in many cases the of many people here and heritage for very long time. and also admired the way that heritage works across policy areas so that you really do here and integrated message. not least among which, i think, is the attention of the heritage foundation to the power of culture, by which i mean people of beliefs, ideas, habits, expectations, and the way that these achieve some form of institutional expression. >> on this issue of culture and how it relates to the economy, the heart of my book, becoming europe. because the -- becoming europe is certainly about what has happened to your and why it is now regarded as the sick man

still a very sad time for the family of reeva and for us all. we are grateful that the magistrate recognized the validity and the strength of our application. as the family, we are convinced that oscars version of what happened on that terrible night will be proved to be true. >> the prosecution says pistorius is a flight risk. he is looking at the possibility of years behind bars. that was not enough to keep him behind bars. pistorius left the courthouse in the jeep. he had to hand over his passport and collection of guns to the police. the trial is set to start on june 4. >> let's go live to pretoria, south africa and up to a reporter who was in the courtroom as the decision was read out today. we've heard the audio. can you describe what you saw? >> [no audio] the granting of bail [inaudible] someone expected, but oscar pistorius [inaudible] when the actual reading came down, pistorius himself was largely impassive. it was really his family members who started celebrating the ruling. we were expecting something from him. perhaps he just had very little emotion to give at that p

something which is going to be adopted many of the emerging economies are non-point to use it. the united states is not going to use it very probably u.k. is not going to use it so it's mostly it seems like a continental european issue. the euro perhaps we'll see we'll see in the near future ok so it does sound like here you're not a big fan of this idea i think that you should call a spade a spade i think if you need more tax revenue which is an absolutely legitimate objective in times of stress then would you should do is first of all close the loopholes eliminate all those privileges all those parag actives all those exemptions all those exceptions that are legally in the books today fight tax evasion. like we're doing through the tax forum then tried to close the loopholes it with the multinationals tried to tax more of the activity that takes place in your own territory lower the taxes on labor so that it's cheaper to create an additional new job perhaps even lower the taxes on the regular companies the companies inside that are isolated by the by the borders of the country ar

we created the set of rules that are being used legally by these companies to avoid paying taxes ok now we have had a big war against tax havens about excessive bank secrecy about the secret accounts by people not divulging the names those are to hide away from the taxpayers so that was in a way an easier war because we were fighting evil guy lity ok right now we are trying to combat a legal practice but that is giving absolutely the wrong results why because we wanted to avoid double taxation now we have created double nontoxic mission. and what is happening is that the balance between the multinationals and the states in terms of the states the governments receiving a certain amount of resources that they need to discharge their duties towards the most vulnerable mainly is not happening and in times of tight budgets who is who is getting the brunt of increases in taxes. the middle class the small and medium enterprises that cannot go away and push their profits to the low taxation jurisdictions this is exactly what is happening it is very unfair but also it is politically very dan

, music defines, describes, and accompanies us on our journey through life. (man) music is like food. every human being needs food, but everybody eats different food. [rock music] food that americans eat is really strange to people in other parts of the world. some of the food that other people eat would make an american sick to his stomach. but everybody needs food. [sticks clacking] [cultural music montage] what is music? well, from a scientific point of view, it's the organization of sound. [classical music] (woman) it's a language without words, and the reason for language is to communicate and the reason for music is to communicate. (woman) depending on what you want to express, it can be hundreds of different things. (man) music is the essence of the creator, the entire universe. in my case, it's the sounds that i make with my violin. there are people who go, "that's not music." music is music if someone thinks it's music. you can't put it in a box and say, "this is music." it's all these wonderful abstract things brought together. you can think about it and rationalize it and

enormously important to us. i think it was winston churchill said something to the affect that the only worst thing than, than going to war with allies is to go to war without allies. >> we're dealing with network global threats and if we don't provide a network global response we're always gonna to be on the back foot. >> what we need is not just nato on the conventional defense side, we need a nato alliance for economic statecraft. >> the problem is that it is an alliance that is largely sustained by american defense spending. (instrumental music) >> in a democracy, agreement is not essential, but participation is. >> never before in our history have we been so interconnected with the rest of the world. >> foreign policy is actually not foreign. >> america has faced great hardship before and each time we have risen to the challenge. >> the ultimate test is to move our society from where it is to where it has never been. >> join us as we explore today's most critical global issues, join us for great decisions. >> great decisions is produced by the foreign policy association, inspiring

going to be adopted many of the emerging economies are not going to use it. the united states is not going to use it very probably u.k. is not going to use it so it's mostly it seems like a continental european issue. the euro perhaps we'll see we'll see in the near future ok so it does sound like you're not a big fan of this idea i think that you should call a spade a spade i think if you need more tax revenue which is an absolutely legitimate of ject in times of stress then would you should do is first of all close the loopholes eliminate all those privileges all those parag actives all those exemptions all those exceptions that are legally in the books today fight tax evasion. like we're doing through the tax forum then tried to close the loopholes it with the multinationals tried to tax more of the activity that takes place in your own territory lower the taxes on labor so that it's cheaper to create an additional new job perhaps even lower the taxes on the regular companies the companies inside that are isolated by the by the borders of the country are having to pay the twenty f

pope. we're going to ask you that when we come back. stay with us. remember, front page here. the pope resignation. where else can you hear it? >> we are very excited today to be able to talk about the resignation of pope benedict xvi and its many context. we are here today with the father who studied with the holy father when he was father ratzinger. he knows him well and we're talking about him today. we want to talk about the interview that is on the website. you said that pope benedict didn't want to be pope. >> seriously, honestly didn't want to be. he really wanted to write, to speak, to give conferences. he's wonderful at that. he's a great teacher. and then he was made archbishop. he accepted that as a burden but he accepted scholarly work. he accepted that. he did not want it, but he accepted it. and he wanted to retire twice because he was over the age, you know. and pope benedict -- he said i want you here. then he figured i can go back and i can work on my theology and then he's elected pope. >> and that's amazing because he was -- he was -- he could be elected pope at

know research they're smart people but what they're doing is they're using their talents to produce nothing at all and not only is it nothing but it's it can be a dangerous something that they produce could actually pull down the economy there's a chart that shows wages since world war two in the financial sector and the financial sector and from world war two up to the mid one nine hundred seventy s. a writer on one thousand nine hundred the two lines are identical other was it didn't matter whether given your skill and education whether you worked on wall street or worked in manufacturing you're and about the same that after deregulation the nonfinancial sector goes flat and the wall street sector goes straight up. how did that happen it happened. because we we made it super profitable to work on wall street how do you believe the world should or can react to the information that you were disclosing it's not necessarily all you know but you're saying that it's escalating right i think for starters. step one is we've got to get rid of the tax breaks that they use they have hedge fu

. trying to work with this scheme that many companies use to avoid paying taxes and these are big companies we're talking about including google and you know a number of others. what then amazon of course and starbucks and so on these are big names but there are plenty of companies i don't why refer to any company in particular because there are thousands we created the set of rules that are being used legally by these companies to avoid paying taxes ok now we have had a big war against tax havens about excessive bank secrecy about the secret accounts by people not divulging the names those are to hide away from the taxpayers so that was in a way an easier war because we were fighting evil guy lutie ok right no we are trying to combat a legal practice but that is giving absolutely the wrong results why because we wanted to avoid double taxation. now we have created double nontoxic mission. and what is happening is that the balance between the multinationals and the states in terms of the states the governments receiving a certain amount of resources that they need to discharge the

also using drones to try and spot him from the air. possible is this manhunt and acceptable reason to use drones drastically. you need to know this the cycles of history that led to europe and the rest of our planet going into war eighty years ago or coming back around today in greece several years of austerity of push the people to the brink and working people are thrown into the sort of economic disasters that austerity causes and typically extreme far right and far left political movements rise up it happened after world war one and the treaty of or saw a force in germany to massively cut spending and roll back social programs like their nationalized health care system or to pay for the damage that that nation and caused around europe during the world war during world war one treaty oversaw i by the way was essentially an austerity program noting the economic catastrophe this treaty would cause economist john john maynard keynes warned at the time those who signed this treaty will sign the death sentence of many millions of german men women and children. it turns out it was even wo

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regulations under heller, in my view, also covers bands and weapons designed for assault or military use, rather than for lawful civilian use. and the court did not nearly say that such regulations would ultimately survive second amendment scrutiny. it said that heller would not even quote cast its shadow of doubt on such measures should they be considered in the future. now we should have no illusions that adopted measures like these nationally will completely solve the epidemic of gun violence in america. more will be needed to we clearly need to address metal health issues as well as other potential contributors to gun violence such as violent video games, films that glorify murder and mayhem, and other aspects of our violent culture. but if we do nothing until we can do everything, we will all have the blood of innocent human beings on our hands, and we will besmirch the constitution in the process. just in closing let me say that our constitution, as many have wisely observed, does not make the perfect enemy of the good, and whatever else it is, it is not a suicide pact. a suicide p

garrett is at the white house to sort it all out for us. >> reporter: president obama continued to warn today that budget cuts could do real economic damage but was candid about when people would notice. >> these impacts will not all be felt on day one. but rest assured, the uncertainty is already having an affect. companies are preparing layoff notices. families are preparing to cut back on expenses. and the longer these cuts are in place, the bigger the impact will become. >> reporter: one republican governor, nikki haley of south carolina, said cutting federal spending without jeopardizing key services is so easy even her two children could do it. >> how many more times are we going to have to deal with these issues over and over again because of the finger pointing and the blame game that keeps on happening in washington? what i will tell you is, we heard today a whole lot of no. >> reporter: mr. obama has endorsed a senate democratic bill that seeks higher taxes on millionaires and unspecified cuts to defense and farm programs. house speaker john boehnor afternoon said republicans

enemy. i do not see anything wrong with using drone strikes to take them out. i just do not they have done a good job, i believe. host: what do you think? you should be in charge of the program and targeting american citizens? -- who should be in charge? caller: i do not believe it should be the department of defense. understanding there are several 1r ectives, one being 5240- there is the required targeting of citizens, targeted hits for certifications of these drawings. some are purchased by organizations and various agencies. they are hitting civilians whether it is just electromagnetic or i pray that they are not killing innocent citizens. this is a question here. 30,000 additional drones to be released, tested, and evaluated over the united states? i think america needs to wake up. 30,000 additional draws while we have homelessness, veterans returning, you can put that kind of money over the united states of america. there are too many directives out there and contractors who are now using these devices targeting citizens as we sit here today. host: senator mccain of arizona said

lot more than just saving money. like 1996 that helped put us on a path to a balanced budget, smart welfare reform will help americans rise out of poverty. that's what i want to see. i want to see more people out of poverty and strengthen families, charity and community. we must talking honestly and compassion about these issues. i would like to take a moment to address some comments, senator murray, that you made recently, that republicans are committed to, quote, protecting the rich above all else. and are only interested in starving programs, i'm quoting, that help middle-class families and the most vulnerable americans. that hurts my feelings. that's not what i believe in. i believe we have to have an economy that's growing, creating prosperity and need to help poor people get jobs and move forward in their lives, not dependent, ever dependent on more and more government checks, handouts and programs. that would be the way to save this country, in my opinion. that's the way to help poor people and i resent the fact that those of us who have a different view of how to help poor p

>> skills every woman should have. >> lessons in self-defense. >> jane pauley is also with us. we have a busy day. >> have an awesome thirsty thursday. we'll see you for dry day friday. >> i'm jim cramer. welcome to my world. >> you need to get in the game. >> firms are going to go out of business and he's nuts! they're nuts. they know nothing. >> i always like to say that there's a bull market somewhere. >> "mad money," you can't afford to miss it. >> hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. i'm just trying to save you a little money. my job is not only to entertain you, but to teach and coach you, so call me at 1-800-743-cnbc. what the heck do people want out of a company? what do people want out of a stock? how come you're not asked that when an activist is suing the best performing company of our lifetime? isn't that what we have to consider today, on a day when the nasdaq lost .11%? let me set the stage for people who may not be up on what's happening. before i answer these incredibly important questions i just laid out

for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takes more money than a stranger, you need an ally. ally bank. your money needs an ally. >> i'm jim cramer. welcome to my world. >> you need to get in the game. >> firms are going to go out of business and he's nuts! they're nuts. they know nothing. >> i always like to say that there's a bull market somewhere. >> "mad money," you can't afford to miss it. >> hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. i'm just trying to save you a little money. my job is not only to entertain you, but to teach and coach you, so call me at 1-800-743-cnbc. what the heck do people want out of a company? what do people want out of a stock? how come you're not asked that company when an activist is suing the best performing company of our lifetime? isn't that what we have to consider today, on a day when the nasdaq lost .11%? let me set the stage for people who may not be up on what's happenin

the dollar rally. >> that's it for us. we'll see you back here next friday at 5:30 eastern only on cnbc. have a great weekend! to my world. >> you need to get in the game. >> firms are going to go out of business, and he's nuts! they're nuts! they know nothing! >> i always like to say there's a bull market somewhere. >> "mad money." you can't afford to miss it. >> hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. just trying to save you a little money. my job is not just to entertain you but to educate you so call me, 1-800-743-cnbc. after today's beautiful rally the dow gaining 120 points, the s&p climbing .88%, nasdaq falling .97%, really knocking the socks off the panicers, worriers, and short sellers everywhere, let's cut right to the chase and go into next week's game plan. it's clear now the most significant reason for the huge decline we experienced over this week the one where people came out of the woodwork to pronounce the bull slaughtered and the bear roaring back to prominence was the release of month-old, emphasis month-o

used to make fun of my wife because he cleaned up the tray and seats and arm. watch out for the remote controls. that is a high traffic and the phone and also the light switch. those are the areas where there is a lot of germs and a lot of times we have immune system to fight it and make sure you clean it up and keep it safe. >> and same thing at home. >> common surfaces is where the germs are. >> when you move out i will tidy up. >> fantastic start for the brain. >> in a few minutes, the doctors will continue their conversation. go to live chat and they will answer questions. go to fox news.com/sunday house call and look them up and ask some questions. they will not stay all day but stay for a while. >> bring it on. nice to see you. >> thank you. >> well, fox news alert. eric it was yours. >> this is a story that we have followed ever since comments and remarks were made against chuck hagel. new developments over the confirmation fight. first the secretary of defense potentially senator hagel. republicans delayed that confirmation with the historic filibuster but there is new d

contributor from the street. good to see everybody. thanks so much for joining us. >> thanks, maria. >> scott, let me kick it off with you. what's behind this move in stocks? >> this year is off to a lot better start. i don't know if you heard the applause in the background when the bell rang. people are happy. we're at 14,000, a touch over. i think the market, myself not to put a damper on things, i think the market is a little ahead of itself. i think it's going to be higher than this at year end, but right now this is a pretty darn good jump from december 3 isst until now. the question is does it keep going. harry dent, where are you on this? >> we've been looking for the market to go higher until mid-year. i'm looking at 1,600 or near on the s&p, 15,000 or near on the dow. i think before you get there though you do get a more substantial pullback before you get a likely top. i mean, right now, things are good. we got over the fiscal cliff. we knew we would rally after that. i don't see this rally going to major heights this year or a lot higher because earnings are decelerating, and now i

. >> that does it for us, catch fast at five tonight. tomorrow, broadcasting from goldman sachs and internet conference. thank you for talking real estate and markets with us today. follow me on twitter. poufr "power lunch" begins right now. >> the second half of your trading day begins now. >> iphone, ipod and ipad. but how about an iwatch. apple doing what it did to the cell phone. will it indeed be another game-changer? >>> us airways, expected to an announce their highly anticipated mer anticipated merger this week. >>> a down day for stocks but of course we've add big run. is it a pause, pull back or do we rally on? we will ask credit suisse's leader in private banking. >>> indicies are up. 18 stocks are down, led by home depot. but only by a fraction. down 1%. a move in that stock of just 1%, so in essence, sue, we are kind of hanging on in thereafter that big push through january. back to you. >> thank you, very much, simon. 5 lflt b a lot of big news in apple today. more opposition to dell's $24 billion payout. john fortt is in silicon valley. let's start with apple first, j

] >> dr. ecklund, i'm scott pelley with 60 minutes. >> oh, great. >> dr. ecklund was surprised to see us. we had hidden our cameras, something we rarely do at 60 minutes, so we could uncover his plan to inject stem cells from a questionable source into this 11-year-old boy with cerebral palsy. how does it work exactly? >> well, stem cells contain... uh... excuse me, here. [ticking] >> in 2009, chrysler was headed towards the junkyard. but in 2011, the company made $183 million and paid back its $6-billion federal bailout, 6 years ahead of schedule. and none of it would have happened without its italian-born, canadian-raised boss, sergio marchionne. >> from 60 minutes. >> oh, yeah. sorry to barge in on you like this. does he walk in all the time? >> occasionally, yeah. [ticking] >> in the beautiful italian province of perugia, men roam the frosty hills with their trained dogs, hunting for the most expensive food in the world. so this is $1,000? just right there is $1,000. but as we found out, anything this rare and expensive can attract a dangerous clientele. >> [speaking french] >> every

then it proves what those of us on the left of and say are the center for that and saying all along republicans just want to harm the economy to blame president obama and democrats they have no economic theory it's just slash and burn. that's my take is turn things over to our political panel tonight politics panel joining me are cheryl and harley labonte conservative commentator and former senior counsel with the senate judiciary committee patrick howley reporter with the daily caller and ben cohen fodder editor of the daily banter welcome to all of you thank you for joining us tonight. real simple question the largest consumer in our economy is the government the government stops buying things how does that help our economy surely well it's interesting that the sequester had really was the president's idea and also jack lew's i know there's lots debate but more was his idea as well as exactly what does it have to do that it has a lot to do with it because now there's a lot of bait and switch that constantly goes on with the president and now he's blaming the republicans ok the pri

small number of its mac computers used by employees. the company says the mall ware got on the macs through a website for software developers by exploiting a security flaw in the browser. apple says it was similar to an attack on facebook earlier this week. >>> bp won't pay penalties for all of the more than 200 million gallons of oil that spilled back in 2010. the u.s. government agreed not to fine bp for 34 million gallons the company captured before entering the gulf. fines for all the rest of the oil will be in the billions. >> sony is expected to reveal details about its much anticipated next generation gaming console today. execs will announce the gaming station that will replace the aging game station that was released six years ago. sony competes with microsoft's xbox and the wii. >> gamers all over the world can't wait. thank you. erica ferrari, cbs news, new york. >>> well, oscar pistorius is back in a south africa court for the second day for his bail hearing. prosecutors say it was premeditated murder but pistorius claims it was a tragic accident. tina krause has the lat

extra special attention to home depot as a barometer because it has faithfully told us what percentage of the household dollar it thinks is being spent on home improvement. so far there's been no real surge, even though home depot's stock has surged, but that could be changing. and changing just when the analysts are getting really skittish about housing. remember the downgrade about home depot? i do it in my charitable trust. mostly because of what seemed to be an errant report from toll brothers earlier this week, an earnings miss that in reality was anything but. if we didn't have bernanke talking i would tell you all i really care about are the reports out of lowe's and home depot because the improving domestic housing market immune from old worries out of europe and china has been my number one thesis for about a year on "mad money" and it has produced some of the most bountiful gains of any theme i have ever exploited. we know that the less well off are being hurt by what i call the script, and the script is higher gasoline prices, prices by the way that i think are ca

just a rule by the court nor a rule of thumb judges use. the congress wrote a law in the clinton administration, president clinton signed it and that's the standard used. how do they decide whether they were negligent or gross negligence. what's the difference? easy example. you drive your car 40 miles an hour in a 25 miles an hour zone. that's negligence. you drive your car 830 miles an hour in -- 80 miles an hour in a 25 miles an hour, that's gross negligence. it has to do with how much you avoided the duty you have to preserve the asset and keep the people that work for you and the property around you safe. >> shepard: more closely tied example might be if you were trying to save money but didn't realize where you were skimping was a problem that might cost lives, that's one thing. if you saw problems, we know the rules, we're breaking the rules to save money, that's gross. >> that would be gross negligence. >> shepard: the argument has been made in the criminal trial suggesting that's what happened. >> i don't know which way the judge will go but i now how he's going to decid

were still alive he would get quite cranky with us for saying it but how about that? you can't say anything about iraq. he never saw iraq. it happened 30 years after he was gone. >> now i would like to add with what you began the book with which is in this most recent election in iran that when there was considerable consternation about how the election went, the state aired the lord of the rings in an effort to pacify people but he didn't have that effect. what happened to? >> the tremendous irony is that while the state, the ahmadinejad regime says they don't get many western movies. these movies are hotter than the sun and everybody is watching them. of course years after they came out of the west, they came out in early 2000 it was 2009, here is the irony. the seikh pokes the movies out there that they should have had some of their own people watch them very carefully. what the movies do, when the movies are about ursula freedom they argue in favor of democracy and on as practices and fair treatment as in a combination of injustice, they would hardly be something you would show

that wants to review 80,000 cases. i do think our appellate system could use some tweaking, but by and large, the florida -- i am not sure i agree with that -- almost certainly respected -- the florida supreme court's motto is, you'll appreciate this, i will not give you the latin version, but the translation is "soon enough, if correct." that is the actual motto. sometimes soon enough is not soon enough. you are correct. as you know, professor, the supreme court of the united states takes such few cases that usually the intermediary court decision is the final one. we have to fill the bench. it is going to be worse every day if we have an empty federal bench that cannot function. on the 11th circuit today, we have two vacancies. >> another dimension, it has been called to mind in this question that justice sotomayor was cross-examined in a rather aggressive way concerning her statement that a woman, i think she went on to say hispanic woman -- >> wise latina. >> you are running way ahead of me. could understand a lot of things much better than people, certainly such as i, and perh